Cisco Buys WebEx for $3.2 Billion — News is just breaking that Cisco has agreed to aquire WebEx for $3.2 billion in cash. In 2006, WebEx generated nearly $50 million in profit on $380 million in revenue. They have $300 million or so in cash on hand, so the net deal value is $2.9 billion.

Why Cisco bought WebEx for $3.2 billion? — Cisco Systems announced this morning that it is buying web conferencing company, WebEx for $3.2 billion - another sign of the router maker's ongoing software makeover. For the price of two YouTubes, Cisco just bought a company that had sales of $380 million …

Google exec confirms phone in the labs — So it seems that the oft-rumored handset from Google has taken that final leap into the "confirmed" column, though it may not be quite the be-all, end-all device we were expecting. Isabel Aguilera, Google's chief executive in Spain and Portugal …

PS3 Folding@Home launches this month — We caught a sneak peak of this last year, but Sony and Stanford have officially announced their Folding@Home client for the PS3. (As you may or may not know, Folding@Home is a distributed computing project run by Stanford, which uses spare computer cycles …

Are Web Interfaces "Good Enough"? — µTorrent, my favorite BitTorrent client, now offers a web UI. See if you can spot the differences between the Web UI and the Windows UI: — After spending about a year interacting with µTorrent exclusively through Remote Desktop …

RIP Twitter (2007-2007) — I make no bones about my disdain for Twitter. I've commented far and wide about the inanity and potential danger of the tool, and even discussed some of the associated social repercussions on this blog. But I'd like to now go one step further, and predict its imminent supernova-like implosion.

Microsoft probes possible IE 7 phishing hole — Microsoft is investigating a possible vulnerability in Internet Explorer 7 that could help cybercrooks launch phishing scams, the company said Wednesday. — An attacker can use an error message displayed by the latest Microsoft browser …

'300' critics cling to consoles — Video game comparisons create discussion — Reviews for "300" were across the board, but those who disliked it shared a derision that reveals at least as much about today's film critics as it does their thoughts on the movie.